REGISTERED NUMBER: 07758458 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Innovify Uk Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M C Sailor

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

07758458 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

1,075

1,434

Investments

6

52,984

27,994

54,059

29,428

CURRENT ASSETS

Debtors

7

15,209

22,287

Cash at bank

324,109

301,269

339,318

323,556

CREDITORS

Amounts falling due within one year

8

179,981

92,630

NET CURRENT ASSETS

159,337

230,926

TOTAL ASSETS LESS CURRENT LIABILITIES

213,396

260,354

CAPITAL AND RESERVES

Called up share capital

113

113

Share premium

174,324

174,324

Retained earnings

38,959

85,917

SHAREHOLDERS' FUNDS

213,396

260,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

Mr M C Sailor - Director

1.	STATUTORY INFORMATION

Innovify Uk Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Innovify Uk Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Future of Work Limited, The Retreat, 406 Roding Lane South, Woodford Green, Essex, IG8 8EY.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

1,983

AMORTISATION

At 1 April 2024

and 31 March 2025

1,983

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

746

8,903

9,649

DEPRECIATION

At 1 April 2024

746

7,469

8,215

Charge for year

-

359

359

At 31 March 2025

746

7,828

8,574

NET BOOK VALUE

At 31 March 2025

-

1,075

1,075

At 31 March 2024

-

1,434

1,434

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

27,994

Additions

24,990

At 31 March 2025

52,984

NET BOOK VALUE

At 31 March 2025

52,984

At 31 March 2024

27,994

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

13,206

-

Amounts owed by group undertakings

2,003

2,003

Other debtors

-

20,284

15,209

22,287

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

56,972

15,578

Amounts owed to group undertakings

114,420

34,420

Taxation and social security

6,016

41,259

Other creditors

2,573

1,373

179,981

92,630